Commercial Loan Specialist Jobs

Position Summary

The objective of the Commercial Lending Analyst is responsible for evaluating loan applications and determining whether they meet the requirements of the lender. The Commercial Lending Analyst’s main duties include analyzing financial statements, credit reports, and other relevant documentation to assess the creditworthiness of borrowers and the risk associated with lending money. The Commercial Lending Analyst will work closely with underwriters to make informed decisions about loan approvals and terms and also communicate with borrowers, brokers, and other professionals to gather necessary information and ensure the accuracy of the loan application. Strong analytical and communication skills are essential for success in this role. Core responsibilities include conducting in-depth industry and financial analysis of existing and potential borrowers, ongoing loan portfolio management, risk assessment, and managing the credit approval process.

Primary Responsibilities & Expectations

Primary Responsibilities

·Lead by example through consistent leadership in our Mission, Core Convictions, and our 3 P’s.

·Participate in Team Celebrations, Innovation, and Team calls.

·Exercise independent judgment in coaching, training, motivating, developing, hiring, and leading team to ensure the right team is in place.

·Arrange for a Culture of Constant Improvement through regular review of workflow process and provide catalyst for change.

·Drive process improvements to improve the client experience (internal and external).

·Increase team productivity including reducing processing turnaround times.

·Ensure all meetings are happening such as Saleforce.com developer, HR, Bookkeeping, marketing etc.

·Manage Lender relationships and Loan Associate Career Path to achieve the target objectives.

·Work closely with the relationship managers, loan closers, and underwriters to identify and respond to client requirements as a member of the deal team, lead and/or participate in due diligence meetings for in-depth understanding of clients’ business, management teams and industry sector.

·Assist bankers with disciplined sales management approach, update client information and data in Salesforce, methodical marketing activity and continuous upmarket prospecting.

·Research industry specific information from outside sources, which may include conversation with borrowers, industry publications, references from other banks, credit agencies, as well as accessing information through the internet.

·Analyze commercial loan requests via credit analysis write-up, including but not limited to: reviewing financial statement spreads, calculation of key financial ratios, analysis of the borrowers’ business and financial integrity.

·Develop and articulate a dynamic, forward-looking risk assessment of prospects and clients, transaction structures, competitive threats, industry, and other factors. Ensure risk ratings are appropriate and accurately recorded.

·Apply corporate finance, accounting expertise and research findings to develop appropriate credit and financing structures relative to risk assessment. Work closely with the centralized loan origination team who leads diligence activities, and underwriting teams to facilitate credit approvals.

·Analyze and negotiate covenants and other terms and conditions as part of a deal team.

·Review, negotiate and maintain legal documentation to ensure terms are appropriate and consistent with credit approval. Ensure proper approvals for all required waivers, amendments, and extensions.

·Work with support partners to perform system maintenance to ensure proper portfolio assignments and with RMs to ensure accurate pipeline activities within Salesforce. Provide early identification and proactive management of deteriorating credits and other problem situations.

·Work with bank examiners and internal credit reviewers to validate credit quality and integrity of the credit process

·Work closely with designated teams to ensure accuracy of credit system data.

·Assist in training and developing junior commercial analysts and help onboard new team members.

·Perform other duties as necessary to support the goals and objectives of the relationship management teams.